Op Lighting is listed on the Shanghai Stock Exchange!

At today's event, Mr. Wang Yaohai, Chairman of Op Lighting, Ding Long, CEO of Op Lighting China, Qi Xiaoming, Director of Op Lighting, Chief Technology Officer, Han Yiquan, Chief Financial Officer of Op Lighting, and Jacob Schlejen, Director of Op Lighting, attended the event. In addition, Liu Shengping, chairman of the China Lighting Association, and the China Lighting Association, which plans to be listed for many years, finally fulfilled its listing dream. At 9:30 on the morning of August 19, 2016, Op Lighting Co., Ltd. opened its doors on the Shanghai Stock Exchange and officially landed in the A-share capital market. At today's event, Mr. Wang Yaohai, Chairman of Op Lighting, Ding Long, CEO of Op Lighting China, Qi Xiaoming, Director of Op Lighting, Chief Technology Officer, Han Yiquan, Chief Financial Officer of Op Lighting, and Jacob Schlejen, Director of Op Lighting, attended the event. In addition, Liu Shengping, Chairman of China Lighting Association, Chen Yansheng, Vice Chairman and Secretary General of China Lighting Association, Dou Linping, Secretary General of China Lighting Association, member of Pudong New District Committee, Deputy District Governor Jian Danian and other industry and friends from all walks of life Come to help out. Opto Lighting opened the market According to the Aladdin News Center, Op Lighting Securities code is 603515, the issue price is 14.94 yuan / share, the number of shares issued by the A shares is 58 million shares, and the raised funds are about 810 million yuan. The total share capital is 5,794,109,104 shares. The IPO, Op Lighting will focus on the main use of funds raised in three projects: First, the green lighting production project, plans to invest 360 million yuan to build an annual production of 22,749,400 LED green lighting products in Wujiang City, Jiangsu Province, It is expected to fully reach production within four years; the second is the exhibition center and marketing network construction project, which is planned to invest 320 million yuan. In two years, with the first- and second-tier large and medium-sized cities as the core, 28 Opto Exhibition Centers will be opened, and in three years, Assist dealers to gradually rebuild and build 3,000 brand stores, and improve the construction of sales management information systems; third, the R&D center construction project, plans to invest 130 million yuan to build a lighting technology research and development center project. Ma Xiuhui, director and general manager of Op Lighting, said during the roadshow that the LED lighting industry is in a stage of rapid development. It is expected that the investment project will be completed and put into production and will realize an annual income of 2.241 billion yuan. The market has sufficient capacity for digestion. Op Lighting has achieved good results in LED product switching. The sales revenue of LED lighting products is 720 million yuan in 2013, 2.159 billion yuan in 2014, and 3.320 billion yuan in 2015, showing a rapid growth trend. On the day before the listing ceremony, Op Lighting released the “Public Announcement of Initial Public Offerings and 2016 Semi-annual Financial Report”. According to the announcement, from January to June 2016, the company realized operating income of RMB 2,233,246,900, compared with the same period of the previous year. The growth rate was 22.65%. From January to June 2016, the company realized a net profit attributable to shareholders of the parent company of RMB 183,709,700, an increase of 33.58% over the same period of the previous year. The main reasons were: First, the company's product sales continued to grow, and operating income increased year-on-year. Second, the company continues to introduce new products, while production optimization and scale-up bring down the cost of products, resulting in an increase in gross profit margin. For the development of Op Lighting after the listing, Ma Xiuhui said that Opto Lighting will increase the source of funds through its own funds, bank financing, and public offering of shares in the next three years based on the existing production layout, and build and expand the Wuhu economy in Wujiang City. The large-scale production and R&D base of the development zone is mainly used for the industrial production of new LED lighting products. In this regard, Dongjiang Securities analyst Yu Jiang in an interview with the media pointed out that the lighting industry used to talk about LED instead of traditional lighting, this piece is basically carried out almost, now is the horizontal mergers and acquisitions integration, the purpose is to increase industry concentration Degree, therefore, for Op, if you can use the capital market forces to conduct horizontal mergers and acquisitions after listing, you can further expand market share. Reviewing the listing process of Op Lighting (May 17, 2013): The basic information of the initial public offering (IPO) declaration enterprise announced by the China Securities Regulatory Commission shows that Op Lighting is going to be listed on the Shanghai Stock Exchange, and the review status is in the initial review. The institution is CITIC Securities. ●July 4, 2014: The China Securities Regulatory Commission announced that 589 companies in the 637 start-ups that had been accepted and pre-disclosed by the two exchanges on the Shanghai and Shenzhen stock exchanges were suspended for review. Regarding the suspension of the IPO filing, the official reason given by Op Lighting is that the reported performance data has expired and needs to be re-invested. ●October 11, 2014: The Securities and Futures Commission announced the initial public offering of shares review process and the application of the enterprise. The status of the Op Lighting audit, which was originally in the state of suspension of review, was shown as accepted. ● June 24, 2015: Op Lighting submitted a prospectus to the China Securities Regulatory Commission and made further progress toward the IPO. ●July 6, 2015: The CSRC announced that due to the recent market volatility, the issuer and the sponsor institution (lead underwriter) decided to suspend the subsequent issuance work due to careful consideration, and the IPO refund has been paid. This means that the Oup listing plan has been stranded again. ● March 4, 2016: The website of the China Securities Regulatory Commission (CSRC) news, three companies including Op Lighting and the first application for the meeting will be held on March 9. ● March 9, 2016: Oppo Lighting's initial application was approved. ●July 22, 2016: The China Securities Regulatory Commission approved the initial application for Op Lighting, and the issuance and listing were officially put on the agenda. ●August 8, 2016: Op Lighting IPO Roadshow was held at Shanghai Securities Roadshow Center and China Securities Network. ●August 19, 2016: Opal Lighting Shanghai Stock Exchange Listing

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